Removing the door will give you a a couple of more inches.

Water was a few inches high outside the basement windows during the storm.

If you decide to drywall, look into buying thin 1/4 inch thick drywall and place it right over the paneling.   

Storage of items in or on the premises: Items stored shall be at least twenty-four (24) inches from the heating system and the hot water heater.

But for a moment, let's work under the assumption that the foundation is in good condition and within tolerance of being level (usually 1 inch). 

And just like the repairs, they're not budging an inch.

It, along with Fannie Mae, has the mission is to provide liquidity, stability and affordability to the U.S. housing market.When the pandemic hit, Congress recognized the role it and the agencies could play to enhance housing stability and keep renters in their homes.

To solve the problem when people want to close their bedroom door when they are sleeping we cut one inch off the bottom of the door, install a vent in the wall above the door so air flows into the hallway and we even cut holes in the ceiling and install registers with filter so the warm moist air rising to the ceiling can flow into the attic.

That said you have to have something to attach the 2 x 4 s to every so many inches whereas with a drop ceiling you only have those wires.

Do not need umbrella policy just increase liability coverage or can add additional riders that may enhance the areas you are most worried about.